Sunk Cost Fallacy

It's somethings that's been covered elsewhere before, so I won't belabor the point too much.


(Worth mentioning: Fitz has a great article on sunk cost. And Investor Juan also partly covered it in a very enlightening article he posted a few years ago.)

But it's really important to keep in mind that decisions should be made for the best possible outcome instead of not seeing past effort (or past investments) go to waste.




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